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TERANGA GOLD: $200M FOR 2ND BURKINA FASO GOLD MINE BY END 2019

Toronto, Mar 12

Teranga Gold has concluded a 3-pronged, $US200M secured debt financing, $165M of which will go towards bringing its 2nd West African gold mine, Wahgnion in Burkina Faso, into production by the end of 2019.The package also includes $25M to advance its Golden Hill Gold Project FS, also in Burkina Faso, and a $10M equipment lease facility carve out for which the company is evaluating a number of term sheets.

$200M TO BRING ON TERANGA’S NEW BURKINA FASO GOLD PROJSREAD THE FULL STORY IN BULLETIN. Click hereNot a subscriber? Click here for a free trial subscription